Trecora Resources (TREC) Misses Q3 EPS by 1c
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Trecora Resources Reports Third Quarter 2020 Results
November 3, 2020 4:05 PM ESTSUGAR LAND, Texas, Nov. 3, 2020 /PRNewswire/ -- Trecora Resources ("Trecora" or the "Company") (NYSE: TREC), a leading provider of specialty hydrocarbons and specialty waxes, today announced financial results for the third quarter ended September 30, 2020.Â
Executive Commentary
"The successful closing of the AMAK1 sale was a landmark event for our Company. The proceeds allowed us to pay down $31 million of debt, and increase our cash balance to nearly $52 million. Trecora's recent results and accomplishments reflect our fundamental resilience in spite of historical challenges. Our third quarter saw good recovery... More
